Category Archive

Oil continued to be in charge of market direction yesterday, as its intraday price rose to nearly $107 before falling back and closing at $105.44/barrel. Driving prices higher was continued fighting in Libya, as insurgents squared up against Gaddafi’s forces in fierce battles with civilians now becoming casualties as well. Since there seems to be no end in sight, fears …

The markets have been on a slippery slope in part thanks to the price of oil catapulting above its $100/barrel threshold. This is likely to continue throughout next week and beyond as unrest in the Middle East and N. Africa is sure to draw attention. The effect will likely be that the major indexes will again be torn by bullish …

Last Sunday, I talked about “Looking Ahead To The Next Crash.” Today, let’s look at some highlights from “The Last Down Leg:” My market outlook hasn’t changed much since 2000: we’re in a secular bear market. I know, the market made a new high in 2007. It made a new high in 1973 as well, then fell off a cliff …

Reader Jason is looking to have his portfolio managed and emailed me as follows: I am looking for someone to help manage my qualified, non-qualified and 401K accounts. I have spoken with a financial planner who wants 1.15% of account value annually for assets under management. I am concerned about how much we will be paying long term for this. …

My latest No Load Fund/ETF Tracker has been posted at: http://www.successful-investment.com/newsletter-archive.php It was a roller coaster ride in the markets, but in the end, the S+P 500 added only 0.10%.

Crude Oil was the major influence on market direction yesterday as it powered through the $102/barrel barrier and closed above it. Crude’s move was the result of reports that unrest continued in Libya and the Middle East in general. Supporting upward momentum were news that almost all of Libya’s daily oil production was halted and that Gaddafi continued his assault …